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Seafarer Exploration (Seafarer Exploration) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Seafarer Exploration Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seafarer Exploration's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seafarer Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seafarer Exploration's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.00.


Seafarer Exploration Accounts Receivable Historical Data

The historical data trend for Seafarer Exploration's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seafarer Exploration Accounts Receivable Chart

Seafarer Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Seafarer Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Seafarer Exploration Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Seafarer Exploration Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Seafarer Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.003*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Seafarer Exploration's accounts receivable are only considered to be worth 75% of book value:

Seafarer Exploration's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.485+0.75 * 0+0.5 * 0-2.796
-0-0)/8493.84
=-0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Seafarer Exploration Accounts Receivable Related Terms

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Seafarer Exploration (Seafarer Exploration) Business Description

Traded in Other Exchanges
N/A
Address
14497 N. Dale Mabry Highway, Suite 209-N, Tampa, FL, USA, 33618
Seafarer Exploration Corp is an underwater research, exploration and recovery company. It develops the infrastructure to engage in the archaeologically sensitive exploration and recovery of historic shipwrecks. The company is engaged in the archaeologically sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. Its operating segment includes Blockchain LogisTech, LLC and Seafarer Exploration Corp. The company derives a majority of its revenue from Seafarer Exploration Corp.
Executives
Charles Branscum director 199 JONES DRIVE, BATESVILLE AR 72501
Bradford S Clark director 1603 STONEHENGE PLACE, LITTLE ROCK AR 72212
Thomas B Soeder director 1413 MAYESVILLE WAY, THE VILLAGES FL 32162
Robert L. Kennedy director 41 TIMBERLANE TRAIL, CONWAY AR 72034-3611
Micah James Eldred 10 percent owner 15500 ROOSEVELT BLVD., SUITE 303, CLEARWATER FL 33760
Pelle Ojasu director 14497 N. DALE MABRY HIGHWAY, SUITE 209N, TAMPA FL 33618
Credo Argentarius, L.l.c. 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Linda Gail Kennedy 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Solar Funding Solutions Corp. 10 percent owner 140 ISLAND WAY, NO. 252, CLEARWATER BEACH FL 33767
Seth M Shaw director, officer: CEO, President 55 W 25 STREET, APT 33A, NEW YORK NY 10010